Jonathan Wong

Jonathan Wong

The Latest

  • Nvidia CEO Jensen Huang Rejects Broad AI Rules, Says Governments Should Regulate Products Instead
    Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las Vegas
    Nvidia CEO Jensen Huang pushed back against broad regulation of artificial intelligence, arguing that governments should police the products and services built with AI rather than regulate the underlying technology itself as policymakers confront growing calls for tighter controls on advanced systems.
  • Warren Buffett Steps Down as Berkshire Chairman at 96, Ending Six-Decade Leadership Era
    ORACLE OF OMAHA
    Warren Buffett is stepping down as chairman of Berkshire Hathaway, ending another chapter of his six-decade stewardship of the $1.1 trillion conglomerate nine months after Greg Abel succeeded him as chief executive. Buffett's son Howard Buffett will become chairman, separating oversight of Berkshire's board from the day-to-day leadership now held by Abel.
  • Zuckerberg Says Meta Delayed Muse for Months but Rejects Calls for Industrywide AI Slowdown
    Facebook
    Meta CEO Mark Zuckerberg pushed back against calls for a coordinated slowdown in frontier artificial-intelligence development, arguing that AI companies already have powerful commercial and legal incentives to make their systems safe and aligned with users.
  • Sam Altman Warns Powerful AI Could Become ‘Extremely Dystopian’ if Control Is Concentrated
    OpenAI Raises $6.5 Billion in Landmark Funding, Valuation Skyrockets to $157 Billion Amid Fierce AI Competition (CEO Sam Altman)
    OpenAI Chief Executive Sam Altman warned that increasingly powerful artificial intelligence could produce an "extremely dystopian" future if humans lose control of the technology or if its capabilities become concentrated in a single company, individual or country.
  • TSMC August Revenue Surges 53% to Record $16.35 Billion as AI Chip Demand Accelerates
    EXPANSION
    Taiwan Semiconductor Manufacturing Co. reported record monthly revenue for August, as surging investment in artificial-intelligence infrastructure kept demand elevated for the advanced processors used in data centers and reinforced the Taiwanese chipmaker's commanding position in global semiconductor manufacturing.
  • Amazon Sued by Pregnant Warehouse Workers Alleging Denied Bathroom Breaks and Firings
    Amazon bets on Black Friday deals in early holiday shopping push
    Amazon was sued Tuesday by four former warehouse employees who allege the company systematically denied pregnant workers accommodations including bathroom and water breaks, permission to sit and time away for prenatal care, then penalized or fired some employees for pregnancy-related absences.
  • Nvidia Buys Hugging Face for $12.9 Billion as Jensen Huang Pledges to Keep AI Platform Open
    Nvidia
    Nvidia agreed to acquire Hugging Face for $12.9 billion, giving the world's dominant AI-chip company control of one of the most widely used platforms for sharing and deploying artificial-intelligence models while promising to preserve its open-source character.
  • Bank of America’s $72.5 Million Epstein Settlement Wins Final Approval, With About 60 Women Expected to Receive Payments
    Bank of America
    A federal judge has approved Bank of America's $72.5 million settlement with women who allege they were abused or trafficked by Jeffrey Epstein or people associated with him, making the lender the third major bank to pay to resolve litigation tied to its banking relationship with the late financier.
  • Amazon Raises AI Spending to $220 Billion as Worker Reliance on SNAP and Medicaid Nearly Triples
    LABOR UNION
    Amazon is preparing to spend as much as $220 billion on capital projects in 2026, much of it tied to artificial intelligence infrastructure, as a new Government Accountability Office report shows that thousands of its workers continue to rely on Medicaid and federal food assistance.
  • Nvidia Revenue Could Hit $673 Billion in Fiscal 2028, Overtaking Apple and Alphabet as AI Boom Accelerates
    Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las Vegas
    Nvidia is signaling that its extraordinary AI-driven expansion has further to run, forecasting roughly 70% revenue growth in fiscal 2028-a pace that could lift annual sales to about $673 billion and potentially push the chipmaker past Apple and Google parent Alphabet in the revenue ranks of major U.S. technology companies.
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